Turkmen President Serdar Berdimuhamedov approved the Strategy for the Development of the Financial Market in the country until 2030, according to a statement on the State News Agency of Turkmenistan website.

The document was signed to develop the country's financial market and improve its legislative framework, implement modern financial instruments, and ensure the efficient circulation of financial resources, as well as scale up digital services in this area.

The Ministry of Finance and Economy, relevant ministries and agencies have been tasked with ensuring the implementation of the strategy.

As Deputy Prime Minister Hojamyrat Geldymuradov noted at a government meeting, the document defines the goals, objectives, and key areas of financial market development, as well as the expected results.

The strategy calls for modernizing the financial market's institutional structure and legislative framework, taking into account international standards, national interests, and the best practices of developed countries. Measures are also planned to effectively manage financial resources, increase investment, improve the national insurance market, and expand economic ties based on market relations.

Having signed the resolution, the head of state gave corresponding instructions to the Deputy Prime Minister to ensure the effective implementation of the document.